On Monday, Taiwan’s President Tsai Ing-wen received the vaccine by Medigen – signaling her support for the domestic Covid vaccine. Taiwan is currently dealing with unstable supplies of AstraZeneca, Moderna and Biontech vaccines. The Medigen vaccine had received emergency approval from Taiwan authorities in July. Physicians and scientists criticized the fact that long-term studies were […]
Diana Cesar will take over as CEO of Hang Seng Bank Ltd. on Sept. 1. Cesar had previously led HSBC’s Hong Kong operations as CEO. She will succeed Louisa Cheang. Cesar had first joined HSBC in Hong Kong in 1999, working in sales and product development, and has since held leadership roles in Marketing, Cards […]
Swiss chemical and pharmaceutical company Lonza is investing in its Guangzhou site to expand production capacity for pharmaceuticals. “The fill and finish production line will significantly expand the site’s capabilities, supporting global and domestic customers with supply for clinical trials and commercial batches in China.” the Basel-based company reported. The expansions are expected to be […]
For the first time since mid-July, Chinese authorities have recorded no new local Covid infections. The number of new infections has been declining for two weeks, the National Health Commission announced at the beginning of the week. Now, for the first time, no local infection has been reported within 24 hours. More than a thousand […]
Chinese authorities have shut down the Chinese partner of US labor law auditor Verité, as the Wall Street Journal reports. This move means the Shenzhen-based company will lose its authority to advise companies on labor rights issues in Chinese factories. Verité is a Massachusetts-based company affiliated with U.S. labor law organization Verité Inc. Its clients […]
The Standing Committee of the National People’s Congress gave the green light for a new data protection law on Friday. It is due to come into force on November 1st. These new rules for the handling of user data will hit Tencent, Alibaba, ByteDance and other online companies hard. This is because the Personal Information […]
Chinese athletes arriving in Tokyo, where the Paralympics will be held starting Tuesday. On Thursday, the host city of Tokyo reported 5534 new infections, the second-highest level since the outbreak of the pandemic.
The number 13 is not to blame should Apple not be able to ship its new iPhone 13 model to customers on time next month. The reason lies in the labor shortage at Foxconn’s factories in China. The Taiwan-based company is Apple’s largest contract manufacturer. Migrant workers at Foxconn assemble 80 percent of Apple’s iPhones. […]
The Hamburger Hafen und Logistik AG (HHLA) is negotiating with the Chinese state shipping company Cosco about a stake in the Hamburg container terminal Tollerort. “Negotiations are at an advanced stage,” says HHLA’s Chief Executive Officer Angela Titzrath. “I expect that we will soon reach an agreement,” she told the Club of Hamburg Business Journalists. […]
Beijing wants to speed up Tibet’s cultural assimilation into China. On the 70th anniversary of China’s invasion of Tibet, Wang Yang, a member of the Standing Committee of the Politburo of the Communist Party of China, said efforts were needed at every level to ensure that all Tibetans could speak and write standard Chinese and […]
